Jeff Bezos bought Amazon stock for the first time in over 2 decades. He may be engaging in Elon Musk-style trolling.
Bezos paid $114.77 for his Amazon share. Subtract the shares he donated and his stake stood at 990,476,371 shares, worth $122 billion as of Friday's close. Amazon's stock price has climbed to $123.43 since then, meaning Bezos has made about $9 on the unusual investment.
Amazon stock has surged 47% this year, boosting the market capitalization of the e-commerce and cloud-services giant to $1.3 trillion. Bezos' roughly 990 million shares represent a nearly 10% stake in the company, and account for most of his $147 billion net worth, as estimated by theBezos' recent purchase is notable because he's overwhelmingly been a seller of Amazon stock over the past 20 years.
Bezos' stock purchase was disclosed in a SEC filing on May 26, but has attracted fresh attention in recent days following a
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